The Office Of The Prosecutor Refers To The Government Of Andalusia, With Ministers Montero And Prana Present In Connection With The Isofoton Case

2021-02-10   |   by CusiGO

The anticorruption office’s goal was the Andalusian government of Jose Antonio Greenan, with ministers Maria JAS Montero and Louis Planas, then health, agriculture, fisheries and environmental advisers, investigating the $8.3 million assistance provided to isofoton in 2012. The third pre trial court of Seville is conducting an investigation to review the 80 million euro public assistance provided by the autonomous administration to photovoltaic power generation companies between 2005 and 2012, and to analyze whether such assistance was approved in the context of the company’s poor economic situation. In this case, the prosecutor’s office last week asked the committee to submit minutes of the meeting of the Economic Affairs Committee, which revised an investment proposal on July 3, 2012, asking for a $8.3 million loan to isofoton.

According to the senior meeting minutes of Le Monde yesterday, seven members of Parliament attended the meeting, including Montero and planus, but not former president Glenn. The Anti Corruption Commission questioned the board’s ability to make loans “at least through gross negligence.”, [because] an appropriate outcome was proposed because of the company’s strategic importance in the region. The office of the prosecutor stressed that the loan file showed that the company was “not in crisis and did not receive any public assistance.”, Despite mentioning financial liabilities, “of the total 29.8 million liabilities, 29 million are guaranteed by the board of directors, almost 100%”. In addition, the prosecutor’s office condemned the business plan provided by the consulting firm price water house as “not confirmed, everything is based on a letter of intent.”.

After the office of the prosecutor requested a record, the pre-trial judge, Patricia Fernandez, referred the petition to the Committee for parliamentary documentation. Between 2005 and 2015, GR í n á N and Susana D í AZ reviewed $80 million in aid to isofoton, three of which were approved by the head of government of Andalusia between 2010 and 2011.

The anti-corruption loan currently under review is $8.3 million provided by soprea (Association for the promotion and transformation of Andalusia) through idea, which has been promoted to the board of directors due to its amount. Buy solar cells and panels from Samsung to keep 702 employees in its workforce. According to the documents filed with the court, the company undertook not to “declare or distribute dividends or make any payments to its shareholders, partners and / or managers, its subsidiaries or persons associated with them”.